Another idea is to include in your contract percentage increases for overdue payments.
Bruce
Bruce J. Spiewak, AIA, Consulting Architect, LLC
375 Morgan Lane, Unit #405
West Haven, CT 06516
Tel: (203) 931-9945 x 300
Fax: (203) 932-2355
Cell: (203) 641-5267
bruces@conncode.com
www.conncode.com
Code Consulting Since 1982
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Does anyone have a good system they can share regarding fee collection? Public entities are generally good about paying within 30 days, but many of our private clients are 60/90 days (or more) out.
How do you bill/ collect/ encourage quick payments/ etc?
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William Holsinger AIA
President, C.O.O.
Tanner Stone Holsinger Donges & Co.
Portsmouth OH
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